This is true, but eventually intrinsic value shows its ugly face. This is pure speculative stock and total gamble especially at these prices.
Iām not buying at these prices but then Iām not selling either, prices are subjective people looking at $80 a share when itās level is $40 a share will say the same whoās right whoās wrong?
Look at bitcoin where is the additional value? Yet its value keeps going up due to demand
Yeah thatās because we are in a pandemic itās the same as gold. That will reverse. Commodities will be hot right now.
So buy make the money and get out? Isnāt this what we are here for?
I buy and hold so I donāt buy crypto but I donāt see Tesla losing $500 billion in value and the subsequent losses all the investors will incur.
Tesla is a one-off maybe better than any other company out there right now (pure speculation) if it is the current value will be blown out of the water completely.
Alibaba is a great example of what a stock should do but doesnāt because the market doesnāt currently believe in it, Tesla is doing what is says it will all the time whilst making advancements in other areas with no real competition. They are setting up all the boundaries and smashing them down, this is not a typical company and as such shouldnāt be treated as one
I wonder if he is still short.
If youāre still buying this good luck.
Anyone with a pension fund basically is. Buy pressure is big.
What is your price target what do you think this is going to hit? Seriously are you buying bitcoin as well? Itās a huge bubble.
What has changed compared pre-covid for Tesla to justify its astronomical increase? Battery day was pretty flatā¦
Probaby about $2T in the short term. Larger than thatby 2030. No I buy productive assets.
So all other car manufacturers will be obsolete? Tesla will just have a monopoly over the auto industry thatās what youāre basically assuming at those prices and thatās including your software, battery, AIā¦that other companies compete in as well.
Iād rather have a Merc than a grandad looking Tesla.
One company I am interested in is Britishvolt, IPO this year I think. Assuming no stupid price like Airbnb from day one.
Not at all, it is assuming their energy business grows. Thatās where the some of the big money is. Yes and Teslaās ability to do SAAS, where others canāt.
In the words of Rob Mauer, show me another automaker that has a $10,000 software option.
Maybe I donāt have enough experience with the market and excuse my stupid question but what should we treat this company as?
Even if Tesla is in a category of its own at one point the market will need to decide what value of this stock is. If it is in a category of its own do you believe this is a £1000 stock or a £1.000.000 stock? Or is it a blank cheque company at the price is just ?
Also want happens when all of the Giga factories start having the same issues as other factories in other industries such as Labour Unions demanding better pay for their workers (history tells us that this will cut in the profit of a company). Or they have problems with their suppliers? Is this still relevant in your opinion?
Disclaimer: I have owned Tesla stock until last week and for now have lost the optimism that the price will continue to skyrocket. I am happy with my actual profit vs holding on to a paper profit.
My estimates say around Ā£7T in 2030. Thatās around 20-25% per year growth. Not going to be a straight line but I donāt care. It will be worth nearly 10x what it is today on 10 years in my opinion.
Cavan that is huge. I mean none of us know injust think itās a bubble but Iāve been wrong so far. Canāt see people rushing to buy Teslaās post covid, maybe a used Peugeot or some Windows?
This is probably the hardest topic in the markets today and everyone has a drastically varied view.
I believe honestly that investors are buying Elon Musk and not Tesla itself even though Tesla has around 10 growth start up companies incorporated into it.
This is a hard one to put a price on because it should be a multi trillion dollar company but its not there yet, if you price some of that in then a share value of $2000 by 2022 is not hard to equate.
His businesses are excellent at disrupting sectors so he could effectively take over the world so to speak, if he does this is your only entry point right now. If he transfer all his companies into company āXā weāre all laughing
It sounds huge, but if Apple Grows at 10% per year until 2030 it will be worth between 5-6T I believe. So it means theyāre a bit bigger than Apple
Isnāt that like calling Apple a computer manufactuer. Or Amazon an online retailer? Sure they do these things, but neither of them derive the majority of their revenues from these activities anymore.
Looking into the future, Tesla will not be deriving the majority of itās r̶e̶v̶e̶n̶u̶e̶ profit from the sale of cars. Donāt look back, only look forward.
Itās also worth remembering that the ābigā company owners are actually trying to keep up with Musk not the other way round why would they do that if heās not a massive disruptor?
Time will tell. I donāt like speculative stocks, Iāll stick to value for now.
It just doesnāt make sense the share price does not align to reality, the potential is there but it doesnāt mean anything until it materialises.
Could be worse, you could be buying bitcoin.
One factor for me that proves irrational thinking is price drastically increasing from a stock splitā¦No added value.
Cars were just a good way at bringing the revenue to expand their business as a whole. Their strategy is genius. Sell the the car, then sell then the solar to power the car, then sell them the power wall to hold this power, and sell them the software to make the car drive itself, and make them money if they wanted to. Develop a great battery/ power train that other companies might want to buy from you someday. The growth of the company is huge and limitless, thereās so much they can do but theyāre only limited by time and manpower. They have the cash and they have the ideas, they just need time to execute.